Asked by Puritie Njeru on Jul 08, 2024

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What limited New York's economic growth under early British rule?

A) Low birth rates slowed economic progress.
B) Dutch merchants refused to pay British taxes.
C) It was not a good port.
D) The Duke of York's decision to reward his friends at the expense of other colonists.

New York's Economic Growth

Refers to the increase in the wealth and resources of New York over time, often marked by rises in GDP, income, and employment.

Dutch Merchants

Traders from the Netherlands who were particularly influential during the 16th to 18th centuries, known for their global trading networks including the East Indies trade.

British Taxes

Refers to taxes imposed by the British government on the American colonies, leading to tensions and contributing to the American Revolution.

  • Discern the array of colonial decrees and statutes inaugurated by European countries in the New World.
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Marissa StanleyJul 13, 2024
Final Answer :
D
Explanation :
The Duke of York's decision to reward his friends at the expense of other colonists limited New York's economic growth. The Duke of York granted large estates to his friends, which took up a significant portion of the land and limited the opportunities for other colonists to own and cultivate land. This hindered the development of agriculture and commerce in the colony.